Pessimists Archive Newsletter

Share this post

Amazon.Bomb

newsletter.pessimistsarchive.org

Amazon.Bomb

Amazon Nay Sayers

Pessimists Archive
Jul 9, 2021
Share this post

Amazon.Bomb

newsletter.pessimistsarchive.org

"And unless shareholders get rid of Bezos and the buffoons in the boardroom, those clowns may add a new chapter to the books sold by AMZN called Chapter 11. This company is a joke and so is its leadership.”

Werner Vogels, Amazon CTO, even weighed in on this clipping:

Twitter avatar for @Werner
Werner Vogels @Werner
Buffoons and clowns. Amazon.toast is what some called us. Focus on the customer and you will build a successful Biz https://t.co/Q4B3rKksNG
Twitter avatar for @PessimistsArc
Pessimists Archive @PessimistsArc
Stock advice column on Amazon - August, 2000 https://t.co/IHQKcG4XVZ https://t.co/wyYZL5iUko
1:55 PM ∙ Nov 3, 2015
46Likes29Retweets

Below is another piece on Amazon stock price, it said it would likely never reach $600 again - today it stands at $3,675.

“Amazon.com will never again approach its early 2000 share price of nearly $600, and there’s no guarantee the company will make a profit anytime soon.”

https://www.newspapers.com/clip/80910314/the-honolulu-advertiser/#

“But amid the confidence and laughter, Bezos sounds an almost unwitting note of warning. Talking of how he never expected to really make a go of Amazon.com in those early years as he drove across America, he says: "Most start-up companies do fail, but most fail slowly. It takes six or seven years for them to fail, usually." As Amazon's fifth anniversary rolls around, Bezos may be wishing he hadn't said that.”

Share this post

Amazon.Bomb

newsletter.pessimistsarchive.org
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 Pessimists Archive
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing